PG Director definition
Examples of PG Director in a sentence
Regeneron will uses its best efforts to put a person representing Procter & ▇▇▇▇▇▇ (a "P&G Director") on Regeneron's Board of Directors sixty (60) days after Regeneron receives written notice from Procter & ▇▇▇▇▇▇ at any time during the Term.
In furtherance of the foregoing, the Company agrees to take all Necessary Action to have two (2) PG Directors appointed to serve on the Nominating Committee and one (1) PG Director designated by the PG Stockholders appointed to serve on each of the Compensation Committee, the Audit Committee and each other committee of the Board of Directors (to the extent not prohibited by applicable Law or applicable stock exchange regulations).
Subject to applicable laws and stock exchange regulations, and subject to requisite independence requirements applicable to such committees, the PG Stockholders shall have the right to have (I) two (2) PG Directors appointed to serve on the Nominating Committee, (II) one (1) PG Director appointed to serve on each of the Compensation Committee and Audit Committee and (III) one (1) PG Director to serve on each other committee of the Board of Directors.
Subject to applicable laws and stock exchange regulations, and subject to requisite independence requirements applicable to such committees, the PG Stockholders shall have the right to have (I) two (2) PG Directors appointed to serve on the Nominating Committee, (II) one (1) PG Director appointed to serve on the Compensation Committee and (III) one (1) PG Director to serve on each other committee of the Board (other than the audit committee).
Regeneron will uses its best efforts to put a person representing Procter & Gamble (a "P&G Director") on Regeneron's Board of Directors sixty (6▇) ▇▇▇s after Regeneron receives written notice from Procter & Gamble at any time during the Term.
The Parties shall work together to identify a mutually agreeable P&G Director; however, if the Parties cannot agree upon a P&G Director within thirty (30) days 23 <PAGE> of Regeneron's receipt of Procter & Gamble's written notice, Procter & ▇▇▇▇▇▇ shall designate an officer of Procter & ▇▇▇▇▇▇ as a P&G Director and Regeneron shall uses its best efforts to have such P&G Director appointed or nominated and elected as a Director on Regeneron's Board of Directors.
The Parties shall work together ▇▇ ▇▇▇ntify a mutually agreeable P&G Director; however, if the Parties cannot agree upon a P&G Director within thirty (30) days of Regeneron's receipt of Procter & Gamble's written notice, Procter & Gamble shall designate an officer of Procter & Gamble as a P&G Direc▇▇▇ ▇▇d Regeneron shall uses its best efforts t▇ ▇▇▇▇ such P&G Director appointed or nominated and elected as a Director on Regeneron's Board of Directors.
In furtherance of the foregoing, the Company agrees to take all Necessary Action to have two (2) PG Directors appointed to serve on the Nominating Committee and one (1) PG Director designated by the PG Stockholders appointed to serve on the Compensation Committee and each other committee of the Board (other than the audit committee) (to the extent not prohibited by applicable Law or applicable stock exchange regulations).
Additionally, there was testimony from CB, Union negotiator; SM, Grievance representative and PG, Director of Management Services and Human Resources.
Notwithstanding anything to the contrary, Regeneron shall have no obligation pursuant to this Agreement to take any action that would result in more than one P&G Director sitting on Regeneron's Board of Directors at any one time, nor shall Regeneron have any obligations with respect to appointing or nominating a P&G Director under this Section 2.9 so long as Procter & ▇▇▇▇▇▇ owns less than fifteen percent (15%) of Regeneron's Outstanding Securities (as defined in the Securities Purchase Agreement).